Snap (SNAP)

• Market cap: $12.6B
• 1 day: 1.63%
• 5 days: 3.76%
• 1 month: 4.34%
• 3 months: -9.79%
• 6 months: -17.02%
• Year to date: -33.63%
• 1 year: -22.61%
• 5 years: -69.51%
• 10 years: -69.53%
• Sector: Communication Services
• Industry: Internet Content & Information

About: Snap is a technology company best known for its marquis social media application. Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.

Employees: 4,911

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

48% more call options, than puts

Call options by funds: $435M | Put options by funds: $293M

1% more repeat investments, than reductions

Existing positions increased: 178 | Existing positions reduced: 176

0% more funds holding in top 10

Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]

4% less capital invested

Capital invested by funds: $7.74B [Q1] → $7.44B (-$300M) [Q2]

1.51% less ownership

Funds ownership: 61.76% [Q1] → 60.24% (-1.51%) [Q2]

4% less funds holding

Funds holding: 553 [Q1] → 531 (-22) [Q2]

17% less first-time investments, than exits

New positions opened: 68 | Existing positions closed: 82

Research analyst outlook

13 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $7
• Avg. target: $9.59
• High target: $12

13 analyst ratings

• positive: 1 8%
• neutral: 12 92%
• negative: 0 0%

Guggenheim Michael Morris	$8	Neutral Reiterated	12 Sep 2025
Rosenblatt Barton Crockett	$8.7	Neutral Maintained	6 Aug 2025
UBS Lloyd Walmsley	$9	Neutral Maintained	6 Aug 2025
Piper Sandler Thomas Champion	$9	Neutral Maintained	6 Aug 2025
BMO Capital Brian Pitz	$12	Outperform Maintained	6 Aug 2025